The Swiss Helvetia Fund Inc. (NYSE:SWZ) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its position in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,122 shares of the closed-end fund’s stock after selling 5,501 shares during the period. Commonwealth Equity Services LLC owned approximately 0.96% of The Swiss Helvetia Fund worth $1,002,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its stake in The Swiss Helvetia Fund by 7.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund’s stock worth $17,546,000 after purchasing an additional 148,310 shares in the last quarter. Karpus Management Inc. lifted its holdings in shares of The Swiss Helvetia Fund by 554.8% during the 4th quarter. Karpus Management Inc. now owns 182,830 shares of the closed-end fund’s stock valued at $1,499,000 after buying an additional 154,910 shares during the last quarter. Finally, 1607 Capital Partners LLC lifted its holdings in shares of The Swiss Helvetia Fund by 4.0% during the 4th quarter. 1607 Capital Partners LLC now owns 349,903 shares of the closed-end fund’s stock valued at $2,869,000 after buying an additional 13,457 shares during the last quarter. Hedge funds and other institutional investors own 41.12% of the company’s stock.

The Swiss Helvetia Fund Trading Down 0.6 %

Shares of The Swiss Helvetia Fund stock opened at $8.92 on Wednesday. The Swiss Helvetia Fund Inc. has a 52-week low of $7.12 and a 52-week high of $9.02. The stock has a 50-day simple moving average of $8.62 and a 200-day simple moving average of $8.16.

The Swiss Helvetia Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 19th will be given a dividend of $0.129 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a yield of 5.78%.

About The Swiss Helvetia Fund

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.